Jurnal AGRISEP: Kajian Masalah Sosial Ekonomi Pertanian dan Agribisnis
JURNAL AGRISEP VOL 18 NO 01 2019 (MARCH)

ANALISIS INVESTASI KAPAL KHUSUS ANGKUTAN TERNAK KM CAMARA NUSANTARA I DI INDONESIA

Titik Triary Wijaksani (Magister Sains of Agribusiness, Departemen Agribisnis, Fakultas Ekonomi dan Managemen, Institut Pertanian Bogor)
Rita Nurmalina (Magister Sains of Agribusiness, Departemen Agribisnis, Fakultas Ekonomi dan Managemen, Institut Pertanian Bogor)
Burhanuddin Burhanuddin (Magister Sains of Agribusiness, Departemen Agribisnis, Fakultas Ekonomi dan Managemen, Institut Pertanian Bogor)



Article Info

Publish Date
22 Mar 2019

Abstract

 DKI Jakarta Province is a major consumer area in Indonesia. Due to almost all of the beef demand was supplied from other province and even different islands. One of problems regarding inter-island beef cattle distribution was using cargo ship that has not equipped with special facilities for livestock transportation. Accordingly government make the first investment of livestock vessel namely KM Camara Nusantara (CN) I to smooth livestock distributionto DKI Jakarta Province. The investment cost is very high. Therefore this research is intended to analyze the investment feasibility of livestock vessel KM CN I on nonfinancial aspects, financial and economic analyses. Nonfinansial aspect analysis reviewed from market, technical, management and legal, social economic and culture, and environment aspects. Financial and economic analyses use Cost and Benefit Analysis (CBA) which is economic analyses use shadow price. Nonfinancial aspects analysis indicates that the investment is feasible. Financial analysis show that the investment is not feasible based on NPV<0 for both route scenarios when returning to Tenau without cargo or carrying feed cargo. Meanwhile economic analysis for the livestock vessel, which is returning with feed cargo to Tenau is feasible based on NPV>0, B/C Ratio>1, IRR>discount rate and Payback Periode is 13.11 year.   

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Journal Info

Abbrev

agrisep

Publisher

Subject

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

Description

(1) The Macro approach of agricultural socio-economic as a system which comprehensive and integrated from subsystems up-stream, subsystems on-farm, subsystems down-stream, subsystems support and the impact of their interrelationships with government policy, international economics, agricultural ...